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Answers (5)
- Nick Vandekar
- Contributions:375
Great answers by everyone below. You can also see what the square foot price is for homes that have sold in your neighborhood, then also calculate the price ratio to tax assesment for homes that have sold. This will give you two prices, along with the data gathered below you can work out a price that should be close to what you will get for your home. Also consider looking on Zillow at the Zestimate, checking the accuracy for your area as well. Eppraisal.com is a similar service and uses a slightly different alogarithm so that will give you two more numbers to add to your list. Add them all together and see divide by the number of inputs you have to get an idea of what you can ask.
- Bob Brandt, "BobBrandtRealtor"
- Contributions:1019
You can only set a list price. You will need a buyer to set the sale price.
What have buyers been paying for homes like yours and close to you?
Do your own research and ask a couple local Realtors to analyze it for you also. Ask what list price will sell it in 30 days, then 90 days, or a 6 month price-whichever fits your needs.
What have buyers been paying for homes like yours and close to you?
Do your own research and ask a couple local Realtors to analyze it for you also. Ask what list price will sell it in 30 days, then 90 days, or a 6 month price-whichever fits your needs.
- Dean Bright, "Dean Bright"
- Contributions:123
Great input below. Will add that once you have a market analysis and appraisal, see how much acitivity you get - showings and offers. Just because an appraisal puts an amount on it, does not mean there is a buyer that will pay that price for the property. I do advise that you use a Realtor that is actively selling property in your area. The marketing coverage for your property will be maximized if you use the right Realtor. Best Regards.
Dean Bright
ReMax Athens
Athens, GA
[link removed by moderator]
Dean Bright
ReMax Athens
Athens, GA
[link removed by moderator]
- Jack Ziegler, "Team Ziegler"
- Contributions:179
Two basic ways.1. Since the underwriters for the banks are basically setting the mkt price,obtain an appraisal from an appraiser that is familiar with your area.2. Have an experienced agent that is familar with your area do a comparative mkt analysis.
- Bryan Dunaway, "BryanDunaway"
- Contributions:31
Have a Real Estate professional conduct a Comparable Market Analysis
They will take homes comparable to yours that have sold recently,homes currently on the market(your competition) and the homes that didn't sell.
Once this information is gathered and made available to you, you should have a good idea what your home should sell for.
They will take homes comparable to yours that have sold recently,homes currently on the market(your competition) and the homes that didn't sell.
Once this information is gathered and made available to you, you should have a good idea what your home should sell for.
How do I set a sale price for my home?
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